I'm currently long USDJPY at 134.737 and 134.892. My target is 138.700. I'm looking for any opportunities to scale in additional entries to capitalize on this massive move. There is excellent 4H bullish sentiment as TDI suggests that price is still overall bullish. The Daily is pushing for structural higher highs. The 1 hour timeframe is clearly in an uptrend and...
I enjoy taking a miniature move within a larger scaled move. What we have on AUDSD is a 4h swing low to create a lower low. then a retest up to 38.8% then a rather quick continuation with the bearish trend. I'm looking to short on a 30minute setup. Simple lower lows and lower highs will support my decision to trade this pair.
Ladies and gentlemen, we have a clear as day Bearish reversal signal in front of our very eyes. Bitcoin has confirmed a double top pattern for the right shoulder of a massive head and shoulders. I'm looking forward to shorting the re-test pf a pivotal neckline. I'm projecting a decline of at least 3,000 pips over the course of the entire move. Price is looking to...
I decided to go as low as the 5minute timeframe for an entry into this Bullish Pair. As I noticed price respecting structure creating higher highs and higher lows on the 1hour, 30min and the 15 minute time frame, I felt very confident going Long upon a retest of any support along with a reversal candlestick. After a 30 min higher high and a retest on the buy side...
The Daily has created a higher, retraced down to the 78.6, as well as a support and the back of a trendline. I am long USDJPY after the doji presented on Thursday. The min setup from my prior video Monday was not validated for an entry, however now, all signs point to bullish activity along with reversal signals. A higher low formed around 134.267. This is a clear...
Gold is all overall Bullish. Long term. However, since forming a strong Evening star variation at an all-time high re-test my sentiment has since shifted from an uptrend to a short term and definitely intraday downtrend. The weekly chart is still bullish. I believe the Daily chart just formed its higher low, price will now either created a new higher high or...
USDJPY is overwhelmingly bullish now that price has retraced on the Daily timeframe to form a Higher Low. From the top down its very evident that higher highs are on the horizon. There was some weekly indecision at the high last week at a strong resistance level. After a Daily bullish correction trendline was broken price retraced bearish to re-test the back of a...
The top down analysis begins with last month forming an indecision month while approaching a neckline. The weekly is at a high which is a great time time to short especially since price formed a Weekly bearish engulfing followed but a doji for the re-test. Price has ceased forming Daily higher highs and instead my 8 exponential moving average has crossed to the...
Weekly momentum may suggests that intraday momentum is bullish. Last week closed out a very strong bullish engulfing from the low of a weekly range. However The Daily is currently at a key reversal area despite its attempt to create a higher high. The 4 hour has been uptrending with high highs and higher lows despite many weak bullish candles. I believe price is...
I've broken down an awesome short opportunity with some top-down analysis from the Monthly all the way to the 4H and we're able to see that Dailly structure has already been breached. According to the technical, price is prepared for a decline to lower weekly levels rather soon. Anytime clear Lower lows and lower highs are spotted, there's an immediate downtrend...
Here is how I markup my 4 hour chart for Bitcoin. The candlestick chart isn't used very much for marking up as it doesn't provide the same amount of data as the line chart. I also toggle between the bar chart to provide more data when it comes to seeking a specific wick.
BTCUSD is in its natural up trending spirit again. This was confirmed by noticing a relatively strong bullish reversal pattern within a stronger reversal pattern, the Inverted Head & Shoulders patters. this can be made clear buy utilizing the different variations of candles. The Candlesticks chart, the Line chart, as well as the area chart. Simple structure...
The Daily has created lower lows however price action doesn’t suggest the bears would like to push price lower quite yet. With the 4H consolidating over a major zone I believe a breakout will confirm an intermediate Long opportunity.
Left chart. AUDUSD is in an overall Downtrend. As the Monthly shows a structural lower low. However over the past few weeks it’s been in an uptrend to a key PRZ area. Middle chart Last week price confirmed a Daily bearish engulfing at the 61.8 retracement PRZ level. Which means that I should now be looking for at least some short term sells. While the 4Hour...